There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on ACI Worldwide (ACIW – Research Report) and East West Bancorp (EWBC – Research Report) with bullish sentiments.
ACI Worldwide (ACIW)
In a report released yesterday, Joseph Vafi from Canaccord Genuity maintained a Buy rating on ACI Worldwide, with a price target of $34.00. The company’s shares closed last Thursday at $23.03.
According to TipRanks.com, Vafi is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ACI Worldwide with a $34.00 average price target, which is a 64.9% upside from current levels. In a report issued on October 19, D.A. Davidson also maintained a Buy rating on the stock with a $34.00 price target.
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East West Bancorp (EWBC)
In a report released today, David Chiaverini from Wedbush upgraded East West Bancorp to Buy, with a price target of $69.00. The company’s shares closed last Thursday at $56.89.
According to TipRanks.com, Chiaverini is ranked 0 out of 5 stars with an average return of
East West Bancorp has an analyst consensus of Strong Buy, with a price target consensus of $67.50, implying a 23.9% upside from current levels. In a report issued on October 30, UBS also upgraded the stock to Buy with a $61.00 price target.
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